Q1:Identify, list, and explain any five requirements for a business organisation to ensure financial probity.

Q4:Explain the following International, Australian (Commonwealth), and local (WA) legislation and conventions that are relevant to financial management in the organisation.

1. AntiMoney Laundering and CounterTerrorism Financing Act 2006

2. Corporation Act 2001

3. Payroll Tax Assessment Act 2002 - Western Australia

Q7: Briefly explain the following requirements of the Australian Tax Office for the business organisations:

a) Goods and Services Tax

b) Company Tax

c) Pay As You Go (Explain both PAYG withholding and PAYG instalments)